v2.4.0.6
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
The Company’s indefinite-lived and amortizable intangible assets as recorded in the Consolidated Balance Sheets consisted of the following as of December 31, 2013:
 
 
 
 
 
 
Weighted Average Life (Years)
 
December 31, 2013
  
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
  
 
  
 
(Dollars in thousands)
Indefinite-lived intangible assets:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Goodwill
 
 
  
 
 
$
11,112
 
 
$
 
 
$
11,112
 
Trademarks
 
 
 
 
 
34,748
 
 
 
 
 
 
34,748
 
Total indefinite-lived intangible assets
 
 
 
 
$
45,860
 
 
$
 
 
$
45,860
 
Amortizable intangible assets:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Non-compete agreement
 
 
5
 
 
$
200
 
 
$
(113
 
$
87
 
Customer relationships
 
 
15
 
 
 
3,500
 
 
 
(661
 
 
2,839
 
Total amortizable intangible assets
 
 
 
 
$
3,700
 
 
$
(774
 
$
2,926
 
The Company’s indefinite-lived and amortizable intangible assets as recorded in the Consolidated Balance Sheets consisted of the following as of December 31, 2012:
 
 
 
 
 
 
  
 
December 31, 2012
  
 
Weighted Average Life (Years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
  
 
  
 
(Dollars in thousands)
Indefinite-lived intangible assets:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Goodwill
 
 
  
 
 
$
11,112
 
 
$
 
 
$
11,112
 
Trademarks
 
 
 
 
 
34,748
 
 
 
 
 
 
34,748
 
Total indefinite-lived intangible assets
 
 
 
 
$
45,860
 
 
$
 
 
$
45,860
 
Amortizable intangible assets:
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Non-compete agreement
 
 
5
 
 
$
200
 
 
$
(73
 
$
127
 
Customer relationships
 
 
15
 
 
 
3,500
 
 
 
(428
 
 
3,072
 
Total amortizable intangible assets
 
 
 
 
$
3,700
 
 
$
(501
 
$
3,199
 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Excluding the impact of any future acquisitions, the Company anticipates future amortization expense to be as follows:
 
 
(Dollars in thousands)
 
Intangible Assets
2014
 
$
273
 
2015
 
 
273
 
2016
 
 
240
 
2017
 
 
233
 
2018
 
 
233
 
Thereafter
 
 
1,674
 
Total
 
$
2,926